Business

What Zomato said to rumors of acquiring paytm’s movie ticketing Business?

The movie ticketing and events business of Paytm is reportedly being considered for acquisition by the food delivery giant Zomato. In response to these reports, Paytm clarified that discussions are indeed ongoing for a ₹1,500-crore acquisition between Zomato and One97 Communications Ltd, the parent company of Paytm. These negotiations are said to be progressing well,…

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Business

After Paytm curbs, Google and Walmart gain fintech users in India

Walmart Inc. and Google are gaining ground on Paytm, the fintech pioneer from India that is having difficulty navigating limitations imposed by central banks and the impending closure of a major payments affiliate. The National Payments Council of India announced on its website on Wednesday that the amount of Paytm payments made on the country’s…

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